New York State
Insurance Department
NEW YORK INSURANCE DEPARTMENT TO HOLD
PUBLIC HEARING ON HUM HEALTHCARE PROPOSED RATE INCREASE
New York, November 18, 1998
The New York State Insurance Department has scheduled a public hearing December 1st in Albany to consider an application for subscriber rate change by HUM Healthcare Systems, Inc. The company’s headquarters is located at 333 Glen Street, Glen Falls, NY 12801.
The hearing will be held at 1:00 p.m. on December 1, 1998 at the Legislative Office Building, Empire State Plaza, Hearing Room B, Albany, NY.
COMMUNITY-RATED CONTRACTS AND RIDERS AFFECTED:
Community-rated HMO and POS Contracts
WEIGHTED AVERAGE PERCENTAGE CHANGE REQUESTED: 15.9%
MEMBERSHIP AFFECTED: 19,500
PROPOSED EFFECTIVE DATE: January 1, 1999
Health Maintenance Organizations (HMOs) can not change subscriber rates more than +10% without the prior approval of the Insurance Department.
A summary of facts supporting the company’s application may be obtained from the company’s office at 333 Glen Street, Glen Falls, NY 12801 or from the Insurance Department. The complete subscriber rate increase application may be examined at the company’s office or at the offices of the Insurance Department:
| New York City Office Health Bureau 25 Beaver Street, 2nd Floor New York, NY 10004, (By Appointment Only) 212-480-5215 |
Albany Office Agency Building One Empire State Plaza Albany, NY 12257 (By Appointment Only) 518-474-4567 |
Those wishing to speak at the hearing should notify Deborah Greer at 518-474-4567 at the Insurance Department’s Albany Office.
Those unable to attend the hearing may submit written statements for inclusion in the official record within ten days of the hearing date to the Public Affairs & Research Bureau at the Insurance Department’s New York City Office. In accordance with the Americans with Disabilities Act, the Department will provide a reasonable accommodation, such as a sign language interpreter, a qualified reader, etc., at no charge to any covered individual wishing to attend or testify at the hearing when such a request is made at least 7 days before the hearing.
COUNTIES AFFECTED: Clinton, Essex, Franklin, Hamilton, Saratoga, Warren, Washington, Albany, Rensselaer, Schenectady, Columbia, Dutchess, Greene and Ulster.